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In 2003, the Danaher Corporation began producing the majority of Kobalt hand tools. [3] [4] In 2011, Lowe's ended its arrangement with Danaher and switched to a different supplier for its mechanic's hand tools, [5] JS Products of Las Vegas, Nevada. [6] Screwdrivers continue to be supplied by Great Neck. [7]
The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, for $4,200, [ 9 ] that same year.
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The manufacturing operations of the company at 2nd and Girard Streets in Houston, Texas, where it was located in the 1910s. Today, the site of the building is on the campus of University of Houston–Downtown. A February 1914 advertisement for the Sharp-Hughes Tool Company in Fuel Oil Journal.
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